
SANTA BARBARA, CA 93109
This 1957 mid-century residence represents a Strong Value Opportunity, listed at a List Price of $1,979,000—positioned well below the $2,097,837 Fair Market Value by 5%. This valuation gap provides $118,837 in Instant Equity. Featuring a Condition Rating of 4, the home retains authentic architectural integrity but requires modernization. With a 9,583 sqft lot and detached two-car garage, the property offers significant expansion potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premier Alta Mesa location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 726 Juanita Avenue Subject | $1,979,000* List Price | 4 | 2 | 1,406 | $1,492 | - |
A 333 Palisades Drive Sold | $2,035,000 | 3 | 2 | 1,370 | $1,485 | 0.6 mi |
B 231 Salida Del Sol Sold | $2,450,000 | 3 | 2 | 1,565 | $1,565 | 0.5 mi |
C 920 Flora Vista Drive Pending | $2,199,000 List Price | 4 | 2 | 1,300 | $1,692 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957 and described as a 'time capsule,' the home is remarkably well-preserved but remains largely in its original state. While the flooring appears updated, the presence of popcorn ceilings, original wood paneling, and vintage single-pane windows indicates the property is over 20 years old without a comprehensive modern renovation, requiring updates to systems and aesthetics to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1406.
Situated in the highly desirable Alta Mesa neighborhood, the property is just moments from Shoreline Park, beaches, and Mesa shops, offering an elite Santa Barbara lifestyle.
This remarkably preserved 1957 home features vaulted ceilings, a floor-to-ceiling fireplace, and an open-concept design that captures the timeless appeal of mid-century modern architecture.
Marketed as a 'time capsule,' the home likely requires significant capital investment to update 1950s-era systems and finishes to meet contemporary standards.
At 1,406 square feet for a 4-bedroom layout, the individual room sizes may feel restrictive compared to modern residential proportions.
Nestled in Santa Barbara's highly desirable Alta Mesa neighborhood, this remarkably preserved 1957 mid-century modern home balances vintage architectural integrity with a coastal lifestyle. The single-story, 4-bedroom, 2-bathroom gem features an open-concept living and dining area centered by a striking floor-to-ceiling fireplace. Bathed in natural light from an abundance of windows, the interior offers an airy yet sophisticated atmosphere enhanced by high vaulted ceilings. Designed for effortless indoor-outdoor living. A breezeway connects the main house to a detached two-car garage, offering excellent potential for future expansion. Situated just moments from Shoreline Park, beaches, and Mesa shops, this rare time capsule presents a premier opportunity in an unbeatable coastal location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,406 | - |
| Lot Size | 9,583 | - |
| Price | $1.98M | $2.43M |
| Price per sq ft | $1.4K | $1.3K |
| Built year | 1957 | 0 |
| HOA | $0 | $0 |
| Days on market | 49 | 60 |
Jun 3, 2026
$1,979,000
Initial Listing